San Francisco-based Airbnb secured $112 million in Series B financing from Andreessen Horowitz, DST Global and General Catalyst.
Canvas, which provides a mobile business application service that makes it easy to find, customize and publish business apps for mobile devices, closed the first $1.2 million in a $1.75 million Series B funding round.
CloudBees, a provider of Java services for cloud developers, bagged $10.5 million in a Series B round led by Lightspeed Venture Partners, with participation from existing investor Matrix Partners.
INRIX, international provider of traffic information and connected driving services, secured $37 million in Series D round funding led by Kleiner, Perkins, Caufield & Byers’ (KPCB) Green Growth Fund and August Capital.
As its BlackBerry line of smartphones falls far behind the Apple iPhone, RIM says it will cut about 11 percent of its workforce, or about 2,000 jobs.
The agency also published draft guidance on the use of AI in drug development
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Steven Loeb
The biggest focus areas for AI investing are healthcare and biotech
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Steven Loeb
It will complete and submit forms, and integrate with state benefit systems
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Steven Loeb
Startup/Business
Joined Vator on
CloudBees (http://cloudbees.com) aims to provide the leading Java Platform as a Service (PaaS) covering both development services and a production runtime for Java. The company debuted with DEV@cloud, which features the first Hudson cloud service, and will continue to be built out into a complete development, build, test, staging and production environment for any cloud infrastructure. This ‘No IT, No Middleware’ approach significantly lowers costs for Java users. Founded by former JBoss CTO Sacha Labourey and an elite technology team, CloudBees is backed by Matrix Partners and individual investors including Marc Fleury and Bob Bickel.
Startup/Business
Joined Vator on
Airbnb.com is the “Ebay of space.” The online marketplace allows anyone from private residents to commercial properties to rent out their extra space. The reputation-based site allows for user reviews, verification, and online transactions, for which Airbnb takes a commission. As of June, 2009, the San Francisco-based company has listings in over 1062 cities in 76 countries.
